MMM exemplar case study: Lift
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The structure of this case study
This MMM exemplar case study uses two frameworks to tell Lift’s story: the classic mythical storystructure of
the hero’s journey
and the
three M’
s.
The hero’s journey
The hero’s journey is a phrase based upon ideas from the comparative mythologist JosephCampbell. It is a metaphor for transformation. Taking the models outlined in Campbell’s
Herowith a Thousand Faces
(1946) as the archetype, the basic cycle of transformation is representedas:From the initial call to action that embarks us on the journey of the project to the return to ourcommunities at the completion of the MMM process, this is a familiar yet effective narrativestructure that provides a powerful container for the exemplar’s stories. It should howeveralways be remembered that these are rarely linear journeys but are instead cycles of experienceand of learning
MMM: the iron triangle
As explained in
Linking Mission and Money
: an introductionto non-profit capitalization, (Nonprofit Finance Fund (NFF)2001), all not for profit, and especially those going throughany major change project require a balance betweenmission/programmes, models/organisational capacity andmoney/financial capacity.The NFF terms this interdependent relationship “the irontriangle” where any change in one of those three elementsinevitably has an impact on the other two.Recognising how essential this holistic approach is to thesustainability of not for profit arts & cultural organisationsin today’s ever changing environment, the MMM took theinspiration for its name from this triangle.The terms mission, models and money will be used throughout this case study to illustrate howattention to each and the interdependence of all three will enable holistic development of organisational and financial sustainability.
Mission:
the non-negotiable core purpose of your organisation
Models:
your legal structure, business model and organisational capacity
Money:
your financial capacity – your assets: cash, working capital, reserves, debtors,fixed assets and your liabilities: short and long term debt
The call to actionThe trialsWise advisorsThe prizes The return
ModelsMoneyMission
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